







Retail/Shop To Let Colchester
PROPERTY ID: 136997
PROPERTY TYPE
Retail/Shop
STATUS
Available
SIZE
295-424 sq.ft
Key Features
Property Details
Five New, Open Plan & Self Contained, Retail Units Which Benefit From Large Double Glazed Frontages, Laminate Flooring, Feature Exposed Ceilings With Led Lighting, Electric Wall Mounted Heating, And Wc And Kitchenette Facilities. Car Parking Is Available On Site To The Rear Of The Building Via A Barriered Car Park. Spaces Are Available At An Additional Cost. Location Midland House Is Prominently Situated On North Station Road, A Busy Mixed Commercial/residential Area, Between The City Centre And Colchester Main Line Railway Station (liverpool Street Approx. 55 Minutes) Both Of Which Are Within Easy Walking Distance. The City Centre Provides All Of The Usual Facilities And Amenities Including Car Parks, Bus Stops (one Directly Outside The Units), Shops, Restaurants And Bars. Accommodation [approximate Net Internal Floor Areas] Unit 1: 424 Sq Ft [39.41 Sq M] - £13,500 Pax Unit 2: 307 Sq Ft [28.54 Sq M] - £10,750 Pax Unit 3: 295 Sq Ft [27.39 Sq M] - £10,300 Pax Unit 4: 298 Sq Ft [27.68 Sq M] - £10,300 Pax Unit 5: 299 Sq Ft [27.80 Sq M] - £10,300 Pax Note: Car Parking Is Available On Site, Subject To Availability, At £70 Per Space Per Month, Plus Vat. Terms The Units Are Available To Let On A New Standard Effective Full Repairing Lease, With Terms To Be Agreed (minimum Lease Term Of Two Years), At The Rents Outlined Above. The Rent Is Payable Quarterly In Advance And Is Subject To Vat At The Prevailing Rate. Service Charge / Buidlings Insurance A Service Charge Will Be Applicable To Cover Costs Of External Building Repairs/maintenance And Buildings Insurance Contribution. Approximate Cost For The Current Year Is £0.85 Per Sq Ft, Payable On Account. Services Each Unit Benefits From Its Own Metered Water And Electricity Supply. The Tenant Is To Be Responsible For This Cost. Business Rates We Are Advised That The Units Are Yet To Be Assessed Individually For Business Rates Purposes. However, The Assessments Are Expected Shortly And It Is Anticipated That Each Unit Will Fall Below £12,000 Meaning Eligible Parties May Be Able To Benefit From Small Business Rates Relief. Interested Parties Are Advised To Make Their Own Enquiries. Energy Performance Certificate [epc] Full Copies Of The Epc Assessments Will Soon Be Available Upon Request. Vat Vat Will Be Applicable On The Rent And Service Charge. All Rents And Prices Are Exclusive Of Vat Under The Finance Act 1989. Planning The Permitted Use Is Retail, Professional Services, Or Offices Under Use Class E (a, C & G). Note: Hot Food Takeaway Use Is Not Permitted. However, A Café Use Would Be Considered Subject To Terms. Interested Parties Are Advised To Make Their Own Enquiries With The Local Planning Authority. Legal Costs Each Party Are To Be Responsible For Their Own Legal Costs. Viewings Strictly By Appointment Via Sole Letting Agents: Fenn Wright T: 01206 854545 E: Colchestercommercial@fennwright.co.uk